Home Announcement Kenya Airways plans of undertaking a rights issue

Kenya Airways plans of undertaking a rights issue

Kenya Airways Ltd- Cautionary Announcement

Kenya airways has confirmed that it is in its advanced stages of discussion with its stakeholders to recapitalize its balance sheet and secure additional near-term liquidity. It is also expected that the company’s shareholders will be invited to participate in a new issue of equities on a pro rata basis, although at a significant dilution to current positions. Shareholders are advised to exercise caution while dealing in the securities of the company.